The incomes of 50 loan applicants are obtained. Which level of measurement is income?

A textile company has six dye making machines. From historical records, the company’s production manager estimates that the following are the probabilities of how many machines typically break down during any three months: # of Machine Breakdowns Probability 0 2% 1 12% 2 15% 3 28% 4 27% 5 13% 6 3% What is the expected number of machines breaking down over any three month period?

In a study of foreign bank holdings in the US banks, year-end shares of assets in the US bank subsidiaries held by foreigners (as a percentage of total assets) was related to: X1 = Annual change in billions of dollars, in foreign direct investment in the US (excluding finance, insurance, and real estate);X2 = Bank price – earnings ratio;X3 = Index of exchange value of the dollar. The regression results from the sample data gave the following population parameter estimates: constant = -3.248b1 = .101 b2 = -.244 b3 = .057 R2 = .93 What is the estimate year-end share of assets in the US bank held by foreigners for a particular year if the annual change in the foreign direct investment in the US (excluding finance, insurance, and real estate) was $50 billion, the bank price-earnings was 12, and the index of exchange value of the dollar was 175?

The lengths of time (in minutes) several underwriters took to review applications for similar insurance coverages are: 50, 230, 52, and 57. What is the median length of time required to review an application?

Assuming a normal distribution which of the following is not true.

A simple ANOVA test was conducted by a telecommunications firm on the mean sales results for four different calling plans. The ANOVA null hypothesis was rejected. What does this indicate?

A 95% confidence interval for dollars spent on back-to-school supplies for one elementary student is $18 to $32.  This can be interpreted to mean:

Why is depreciation expense added back to net income in the operating section of the indirect cash flow statement? (2 points)

What is the interest expense of the second installment? (3 points. Please write positive value as $xx,xxx and negative value as -$xx,xxx)

The following problems (23 – 27) are related with the following information: The comparative balance sheets for the Bale Company for Year 1 and Year 2 are presented below. The dividend declared and paid in Year 2 is $13,500.   Year 1 Year 2 Cash $36,000 $48,000 Noncurrent Assets 132, 000 183,000   Total Assets $168,000 $231,000       Current Liabilities $0 $0 Noncurrent Liabilities 99,000 75,000   Total Liabilities $99,000 $75,000 Contributed Capital $49,500 $90,000 Retained Earnings 19,500 66,000   Total Shareholders’ Equity $69,000 $156,000   Total Liabilities and Shareholders’ Equity $168,000 $231,000 The net income of year 2 is: (3 points. Please write positive cash flows as $xx,xxx and negative cash flows as -$xx,xxx)